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OTCMKTS:QMCO

Quantum Stock Forecast, Price & News

$5.00
-0.35 (-6.54 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$4.60
Now: $5.00
$5.46
50-Day Range
$4.35
MA: $5.26
$5.78
52-Week Range
$1.26
Now: $5.00
$8.52
Volume480,293 shs
Average Volume303,346 shs
Market Capitalization$199.54 million
P/E RatioN/A
Dividend YieldN/A
Beta1.6
Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The company offers StorNext 5 software and hardware that offer file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Xcellis product, which optimizes workflow and shared access by combining functions into a compact, space, and energy-saving solution; and Lattus Object Storage solutions that enable high volumes of data to be available to extract valuable information. It also offers StorNext Storage Manager software; and StorNext AEL archives products, which provide near-line archiving with built-in data protection and self-healing capabilities. In addition, the company's data protection solutions comprise DXi disk systems that use deduplication technology to enhance the amount of backup data; Scalar Tape Automation Systems, which manage and protect business critical data in workgroup, medium size business, and enterprise data center environment; SuperLoader3 autoloader designed to maximize data density and performance; and iLayer, which offers monitoring, alerts, and proactive diagnostics. Further, it provides device and media products, such as removable disk drives and libraries, tape drives, and storage media. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.23 out of 5 stars


Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryN/A
Current SymbolOTCMKTS:QMCO
CUSIPN/A
CIKN/A
Phone408-944-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$402.68 million
Book Value($4.90) per share

Profitability

Net Income$-42,800,000.00

Miscellaneous

Employees1,150
Market Cap$199.54 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$5.00
-0.35 (-6.54 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Quantum (OTCMKTS:QMCO) Frequently Asked Questions

How has Quantum's stock been impacted by COVID-19 (Coronavirus)?

Quantum's stock was trading at $3.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, QMCO stock has increased by 46.6% and is now trading at $5.00.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Quantum?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quantum in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Quantum
.

When is Quantum's next earnings date?

Quantum is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Quantum
.

How were Quantum's earnings last quarter?

Quantum Corp (OTCMKTS:QMCO) issued its quarterly earnings results on Wednesday, August, 5th. The company reported ($0.27) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.23) by $0.04. The firm had revenue of $73.31 million for the quarter, compared to analysts' expectations of $73 million. Quantum had a negative net margin of 2.58% and a negative return on equity of 1.24%.
View Quantum's earnings history
.

What guidance has Quantum issued on next quarter's earnings?

Quantum issued an update on its second quarter 2021 After-Hours earnings guidance on Wednesday, August, 5th. The company provided earnings per share guidance of -0.09--0.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.09. The company issued revenue guidance of $81-85 million, compared to the consensus revenue estimate of $79.71 million.

What price target have analysts set for QMCO?

2 analysts have issued twelve-month price targets for Quantum's shares. Their forecasts range from $5.00 to $7.00. On average, they anticipate Quantum's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
View analysts' price targets for Quantum
.

Who are some of Quantum's key competitors?

What other stocks do shareholders of Quantum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Quantum investors own include Square (SQ), Etsy (ETSY), NVIDIA (NVDA), Advanced Micro Devices (AMD), Luckin Coffee (LKNCY), Nokia Oyj (NOK), Slack (WORK), Zynga (ZNGA), Alamos Gold (AGI) and Amyris (AMRS).

Who are Quantum's key executives?

Quantum's management team includes the following people:
  • Mr. Shawn D. Hall, Sr. VP, Gen. Counsel & Sec. (Age 50)
  • Mr. Christopher Shawn Willis, VP of Financial Planning & Analysis
  • Mr. James J. Lerner, Chairman, CEO & Pres (Age 49)
  • Mr. J. Michael Dodson, Chief Financial Officer (Age 58)
  • Mr. Lewis W. Moorehead, Chief Accounting Officer (Age 46)

What is Quantum's stock symbol?

Quantum trades on the OTCMKTS under the ticker symbol "QMCO."

Who are Quantum's major shareholders?

Quantum's stock is owned by many different retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (3.09%), Heartland Advisors Inc. (2.00%), Pacific Ridge Capital Partners LLC (1.52%), Deep Field Asset Management LLC (1.39%), Portolan Capital Management LLC (0.98%) and Goldman Sachs Group Inc. (0.35%). Company insiders that own Quantum stock include Br Dialectic Capital Managemen, Brc Partners Opportunity Fund,, Donald E Jr Martella, Elizabeth King, J Michael Dodson, James J Lerner and Lewis W Moorehead.
View institutional ownership trends for Quantum
.

Which institutional investors are selling Quantum stock?

QMCO stock was sold by a variety of institutional investors in the last quarter, including Portolan Capital Management LLC, CAPROCK Group Inc., Bank of America Corp DE, Neuberger Berman Group LLC, and Brasada Capital Management LP. Company insiders that have sold Quantum company stock in the last year include Br Dialectic Capital Managemen, Donald E Jr Martella, Elizabeth King, J Michael Dodson, James J Lerner, and Lewis W Moorehead.
View insider buying and selling activity for Quantum
.

Which institutional investors are buying Quantum stock?

QMCO stock was bought by a variety of institutional investors in the last quarter, including Pacific Ridge Capital Partners LLC, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., Deep Field Asset Management LLC, Jane Street Group LLC, Heartland Advisors Inc., and Goldman Sachs Group Inc.. Company insiders that have bought Quantum stock in the last two years include Brc Partners Opportunity Fund,, J Michael Dodson, James J Lerner, and Lewis W Moorehead.
View insider buying and selling activity for Quantum
.

How do I buy shares of Quantum?

Shares of QMCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Quantum's stock price today?

One share of QMCO stock can currently be purchased for approximately $5.00.

How big of a company is Quantum?

Quantum has a market capitalization of $199.54 million and generates $402.68 million in revenue each year. Quantum employs 1,150 workers across the globe.

What is Quantum's official website?

The official website for Quantum is www.quantum.com.

How can I contact Quantum?

Quantum's mailing address is 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA, 95110. The company can be reached via phone at 408-944-4000 or via email at [email protected]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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